What’s the Best Way to Buy a House Before You Sell Yours?
Learn one of the best ways to buy a house before you sell yours. See how a modern ‘Buy Before You Sell’ service can make it easier & faster.
Editor’s note: This post explains HomeLight’s Buy Before You Sell program and provides examples of similar services that help home sellers buy a house before selling their existing home. Programs can change; see company websites for plan details.
If you’re selling your home but also looking to purchase a new one, the timing of both transactions can feel nearly impossible to coordinate. If you’re relying on the equity in your current home to make a down payment on the new one, it may seem as if your only option is to sell, move out, and then find a third location to live while you shop for the new house.
But before you resign yourself to months of disorder and stress, there is a new solution that simplifies the entire process and takes much of the burden off your shoulders. In this post, we’ll share the benefits of a tool that is replacing the old way of making a move: the “Buy Before You Sell” program.
Yes, You Can Buy Before You Sell. Why Move Twice?
Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency.
What is a real estate Buy Before You Sell program?
With today’s modern technology, there are real estate solution companies like HomeLight that have developed creative, convenient, integrated programs that streamline the process of buying and selling a house at the same time.
These “Buy Before You Sell” programs provide a bridge to help you successfully complete your move to a new home — significantly reducing anxiety and worries.
To put it simply, if you have equity in your current home, a Buy Before You Sell program provides remarkable convenience that is changing the real estate industry.
A recent HomeLight survey found that homeowners were borrowing nearly 50% of their equity to help pay down debt. But juggling that equity the traditional way can be cumbersome when trying to time your sale and balance the demands of moving.
Companies like HomeLight and partner agents can help you move into your new home with speed and certainty — while helping you get the strongest possible offer for your old home.
